BlackRock iShares ESG Overseas Corporate Bond Index Class D Inc

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund 9.6% -2.7% -2.9% 0.4% 1.8%
Sector 6.3% 1.6% -5.5% -0.6% 2.9%
Rank 3/17 19/21 4/23 2/25 24/28
Quartile 1 4 1 1 4

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund -0.3% 1.1% n/a
Sector -1.1% 0.9% 4.2%
Rank 6/23 6/17 1/7
Quartile 1 2 1

Top 10 Holdings

Stock % Weight
JAPAN (GOVERNMENT OF) 10YR #346 0.1 03/20/2027 0.23
JAPAN (GOVERNMENT OF) 10YR #354 0.1 03/20/2029 0.21
JAPAN (GOVERNMENT OF) 10YR #333 0.6 03/20/2024 0.15
ANHEUSER-BUSCH COMPANIES LLC 4.9 02/01/2046 0.10
CVS HEALTH CORP 5.05 03/25/2048 0.08
PFIZER INVESTMENT ENTERPRISES PTE 5.3 05/19/2053 0.08
CREDIT AGRICOLE SA (LONDON BRANCH) MTN RegS 1.375 05/03/2027 0.07
T-MOBILE USA INC 3.875 04/15/2030 0.07
CARREFOUR SA MTN RegS 4.375 11/14/2031 0.07
PFIZER INVESTMENT ENTERPRISES PTE 4.75 05/19/2033 0.07
Total 1.12

Fund Aims

The aim of the Fund is to seek to achieve a total return for investors by tracking closely the performance of the Barclays Capital Global Aggregate Corporate ex UK Index by investing in fixed income securities contained in the Index. Investment will be made directly into constituent issues and via other transferable securities giving exposure to such issues. The Fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. Derivatives and forward transactions may be used for the purposes of efficient portfolio management.

Fund Manager

Darren Wills manager for 13 years and 3 months

Photo of Darren Wills Darren Wills, Director, is a portfolio manager within BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Wills' service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to BGI, Mr Wills was an investment manager at State Street Global Advisors, where he managed predominately sterling and global credit portfolios. Mr. Wills earned a BSc degree in mathematics and management sciences from University of Manchester Institute of Science and Technology and holds the Investment Management Certificate.

Fund Overview

Mid (03/05/2024) 123.11p
Distribution yield 3.72%
Underlying yield -
Fund size (31/12/2023) £3151.08m
Number of holdings 8341
Entry Charge 0.00%
Ongoing Charges 0.11%
Launch date 07/09/2014

Asset Allocation

pie chart
  International Bonds 94.11%
  UK Corporate Bonds 4.36%
  Cash and Equivalents 0.71%
  Other Assets 0.83%
Portfolio data accurate as at: 31/12/23

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 94.11%
  UK Corporate Bonds 4.36%
  Cash and Equivalents 0.71%
  Other Assets 0.83%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 98.47% - - -
 
 Non-Classified 0.83% - - -
 
 Cash and Equivalents 0.71% - - -

Regional Allocation

pie chart
  North America 57.92%
  Developed Europe - Excl UK 25.98%
  UK 4.36%
  Non-Classified 3.89%
  Japan 2.51%
  Australia & New Zealand 2.43%
  Cash and Equivalents 0.71%
  Developed Asia 0.68%
  Emerging Asia 0.65%
  Other Regions 0.88%

Fixed Interest Currencies

pie chart
  US Dollar 65.65%
  Euro 27.49%
  Canadian Dollar 2.84%
  Swiss Franc 0.97%
  Non-Fixed Interest Assets 0.83%
  Australian Dollar 0.80%
  Other Currencies 1.44%

Regional Breakdown

Expand allCollapse all
Region Country
 
 North America 57.92% -
 
 United States - 53.45%
 
 Canada - 4.46%
 
 Bermuda - 0.01%
 
 Developed Europe - Excl UK 25.98% -
 
 France - 8.17%
 
 Netherlands - 4.82%
 
 Germany - 2.86%
 
 Spain - 1.83%
 
 Switzerland - 1.48%
 
 Luxembourg - 1.35%
 
 Italy - 1.22%
 
 Sweden - 0.97%
 
 Ireland - 0.79%
 
 Belgium - 0.68%
 
 Finland - 0.52%
 
 Denmark - 0.47%
 
 Norway - 0.46%
 
 Austria - 0.28%
 
 Portugal - 0.04%
 
 Iceland - 0.02%
 
 Liechtenstein - 0.01%
 
 UK 4.36% -
 
 United Kingdom - 4.36%
 
 Non-Classified 3.89% -
 
 Japan 2.51% -
 
 Japan - 2.51%
 
 Australia & New Zealand 2.43% -
 
 Australia - 2.29%
 
 New Zealand - 0.14%
 
 Cash and Equivalents 0.71% -
 
 Developed Asia 0.68% -
 
 Hong Kong - 0.42%
 
 Singapore - 0.26%
 
 Emerging Asia 0.65% -
 
 South Korea - 0.26%
 
 India - 0.15%
 
 China - 0.13%
 
 Thailand - 0.04%
 
 Malaysia - 0.04%
 
 Indonesia - 0.01%
 
 South & Central America 0.62% -
 
 Chile - 0.31%
 
 Mexico - 0.27%
 
 Peru - 0.02%
 
 Colombia - 0.01%
 
 Brazil - 0.01%
 
 Middle East & Africa 0.19% -
 
 United Arab Emirates - 0.17%
 
 Qatar - 0.03%
 
 Emerging Europe 0.06% -
 
 Czech Republic - 0.03%
 
 Hungary - 0.01%
 
 Lithuania - 0.01%
 
 Estonia - 0.01%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
45.48%
5Yr - 10Yr Maturity
 
 
29.55%
10Yr - 15Yr Maturity
 
 
5.59%
> 15Yr Maturity
 
 
17.85%
Cash And Equivalents
 
 
0.71%
Unknown Maturity
 
 
0.83%

Fixed Interest Quality Profile

AAA
 
 
1.84%
AA
 
 
7.43%
A
 
 
39.25%
BBB
 
 
39.28%
Sub-Investment Grade
 
 
1.61%
Unknown Quality
 
 
9.05%
Cash and Equivalents
 
 
0.71%
Other Asset Types
 
 
0.83%

Top 10 Holdings

Stock % Weight Sector Country
1 JAPAN (GOVERNMENT OF) 10YR #346 0.1 03/20/2027 0.23% Bonds Japan
2 JAPAN (GOVERNMENT OF) 10YR #354 0.1 03/20/2029 0.21% Bonds Japan
3 JAPAN (GOVERNMENT OF) 10YR #333 0.6 03/20/2024 0.15% Bonds Japan
4 ANHEUSER-BUSCH COMPANIES LLC 4.9 02/01/2046 0.10% Bonds United States
5 CVS HEALTH CORP 5.05 03/25/2048 0.08% Bonds United States
6 PFIZER INVESTMENT ENTERPRISES PTE 5.3 05/19/2053 0.08% Bonds United States
7 CREDIT AGRICOLE SA (LONDON BRANCH) MTN RegS 1.375 05/03/2027 0.07% Bonds France
8 T-MOBILE USA INC 3.875 04/15/2030 0.07% Bonds United States
9 CARREFOUR SA MTN RegS 4.375 11/14/2031 0.07% Bonds France
10 PFIZER INVESTMENT ENTERPRISES PTE 4.75 05/19/2033 0.07% Bonds United States

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code BNB74B9
Mex Code -
Isin Code GB00BNB74B95
Citi Code KMWH

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.11%

Aims and Benchmark

Aims The aim of the Fund is to seek to achieve a total return for investors by tracking closely the performance of the Barclays Capital Global Aggregate Corporate ex UK Index by investing in fixed income securities contained in the Index. Investment will be made directly into constituent issues and via other transferable securities giving exposure to such issues. The Fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. Derivatives and forward transactions may be used for the purposes of efficient portfolio management.
Benchmark Bar Cap Gbl Agg Corp ex GBP
Benchmark Category -
IA Sector Global Bonds

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Interest
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 March 30 April
01 September 31 October

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository BNY Mellon Trust & Depositary (UK) Ltd
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name BlackRock Investment Management (UK) Limited
Group address 12 Throgmorton Avenue London EC2N 2DL
Group telephone 08457 405 405
Dealing telephone 0800 445522
Email broker.services@blackrock.com
Homepage www.blackrock.co.uk
Fax number 020 7743 1135

Dealing

Minimum Investment £100000
Minimum Top Up £100
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 1.09
Beta 0.62
Sharpe 0.00
Standard Deviation 5.43
Info Ratio 0.37

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds Yes
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund No
Solvency of Depository No
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

High Yield Bonds

The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Solvency of Bond Issuers

If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.